The concept of the metaverse has become one of the most exciting developments in the digital world in recent years. These digital universes, where people spend time not only for entertainment but also for working, learning, and even investing, offer a vision of a future intertwined with technology. This new world, shaped by the combination of technologies such as virtual reality (VR), blockchain, and NFTs, makes the classic internet experience much more interactive and personal. This is where projects integrating the crypto world into the metaverse stand out. One such platform is Bloktopia.
Bloktopia is an innovative metaverse platform designed with the theme of a 21-story skyscraper, combining the world of cryptocurrency with virtual reality. In this digital universe, users can both have fun, learn, and have the opportunity to earn income. The project is being developed with the Unity game engine and built on the Polygon blockchain, offering a fast, low-cost, and decentralized experience. Each floor is dedicated to a different experience area: educational content, advertising spaces, NFT galleries, event stages, and more. Users can roam this virtual skyscraper with their avatars, participate in events, purchase land, or build their own digital projects. The BLOK token, at the center of this entire ecosystem, forms the backbone of the system with functions such as payments, rewards, and staking. Let's take a look at what Bloktopia is, how it works, and what opportunities it offers.
The Definition and Origins of Bloktopia
Bloktopia was born in 2021 at the intersection of virtual reality (VR) and crypto technologies. In addition to being a technical metaverse platform, this project also aims to increase crypto literacy, provide income opportunities for users, and make the digital experience enjoyable through gamification. Co-founders Ross Tavakoli (CEO) and Paddy Carroll (CMO) bring their experience in finance and technology to this project, establishing a decentralized learning and interaction space in the metaverse. Designed as a 21-story virtual skyscraper, this universe directly references Bitcoin's limited supply of 21 million tokens; in essence, it has both a symbolic and functional structure. Bloktopia's motto is "Learn, Earn, Play, Create"—learn, earn, play, and create. These four concepts form the platform's core pillars. When users log in, they first encounter the ground-floor lobby. From there, each floor offers a different experience. The lower floors house cryptocurrency training videos, the middle floors host sponsored presentations and booths, and the upper floors house special event halls, NFT galleries, and gaming areas. Both users seeking training and entrepreneurs seeking brand collaborations can find space within this structure. Landowners (REBLOK) can also create their own content, rent these spaces out, or sell them as NFTs.
Bloktopia stands out with its decentralized structure. Everything runs on blockchain; this means the platform is controlled directly by the user community, not a centralized company. This is made possible by the DAO (Decentralized Autonomous Organization) system. The native token, BLOK, grants voting rights in governance processes and drives all economic interactions. Created using the ERC-20 standard on the Polygon network, the BLOK token offers a structure that reduces transaction fees and enables fast transfers.
BLOK holders can purchase all on-platform assets, such as advertising space (ADBLOK), land parcels (REBLOK), event tickets, and access to exclusive content. They can also earn passive income by staking their tokens. The system also allows for the burning of tokens as a result of certain transactions, reducing the supply and creating a deflationary token economy. With a total supply of 200 billion BLOK tokens, the platform gains more usage as the platform grows, building a resilient economy driven by user participation.
Bloktopia's History: Major Milestones
Since entering the metaverse in 2021, Bloktopia has been a continuously evolving project, listening to community feedback and gradually expanding its technological infrastructure. With the opportunities it offers for both individual users and corporate partnerships, it enriches the blockchain-based virtual reality experience every year. Since its initial launch, Bloktopia has attracted attention with various investment rounds, exchange listings, product updates, and community events, and is consistently following its roadmap. Here are the project's major developments and milestones over time:
2021 (Foundation and Launch): Bloktopia was launched in 2021 under the leadership of Ross Tavakoli and Paddy Carroll. In its first year, the project attracted the attention of strong investors. In August 2021, a private investment round with industry giants such as Animoca Brands and Polygon raised approximately $4.2 million. In October of the same year, the BLOK token was listed on major exchanges such as KuCoin, attracting investors. Binance Academy also highlighted the 21-layer VR metaverse concept by listing Bloktopia among the "four notable crypto projects in the Metaverse." This period marked the first major turning point in the project's recognition by the global crypto community.
2022 (Initial Expansion Phase): 2022 saw Bloktopia accelerate its product-focused development. In August 2022, the BLOK/USDT pair began trading on the MEXC exchange. This year, new technical features were integrated into the platform; the metadata layer was strengthened. Furthermore, a new advertising NFT model called ADBLOK was introduced. Thanks to this structure, users were able to transform virtual advertising spaces into NFTs, displaying their own content and earning a share of advertising revenue. At the same time, community engagement was increased through virtual conferences, workshops, and promotional events organized within the platform, and interaction between users gained momentum.
2023 (VR Experience and DAO Era): In 2023, Bloktopia took steps to further enhance the VR experience. In February, a new VR space called "Meta Spaces" was integrated into the platform, and the first live VR launch was held in this space. At the event, CMO Paddy Carroll and CEO Ross Tavakoli met with users in a virtual environment and shared the roadmap. This introduced a new layer of experience that provides one-on-one interaction within the metaverse. The beta version of the Bloktopia wallet was launched to users in March 2023. This wallet was developed to facilitate on-platform token transactions and asset management. With the Bloktopia DAO feature announced at the same time, token holders can now directly participate in governance processes, i.e., vote on project decisions. This step was crucial for the concrete realization of the decentralization vision.
2024 and Beyond: By 2024, Bloktopia is preparing to release its long-developed MVP (Minimum Viable Product) version. The team officially announced that the MVP will be released by October 2024. Co-founder Paddy Carroll described this development as "the most critical milestone in the project's roadmap." During this process, platform users were invited to a beta environment where they could purchase and rent assets within the metaverse and test their own content. Significant technical innovations were also introduced: VR headset compatibility was improved, new floor plans were designed, and the SDK (Software Development Kit) introduced tools for users to create their own content from scratch. Furthermore, collaborations with other blockchain projects like Elrond aim to bring new integrations and user flows to the platform.
2025: As of November 2025, the price of BLOK coin is trading around $0.00010.
Why Is Bloktopia Important?
Among early-stage metaverse projects, Bloktopia stands out for both its vision and technical infrastructure. Its 21-story virtual skyscraper combines crypto learning, gamification, and monetization. Its "edutainment" approach, which blends education and entertainment, allows users to both learn and actively participate in the interactive experiences offered by the platform. Operating on the Polygon network, it offers both low transaction fees and high speed, resulting in access to a wider range of users.
Bloktopia appeals to a wide range of cryptocurrency users, from newcomers to experienced investors, developers, and content creators. The platform's core core of learning, gaming, earnings, and creativity distinguishes it from traditional metaverse projects. Features like advertising revenue and NFT trading, which enable users to generate passive income, make the platform not only a platform for experimentation but also a sustainable economic model. While the supply of the BLOK token diminishes over time through a burn mechanism, distributed rewards and a staking system reinforce user loyalty. All these components make Bloktopia a project that distinguishes itself in both today's and the future's digital economy.
Use Cases
With its extensive content offering, Bloktopia is not just a game or a showcase; it's a multi-purpose digital hub. Here are some of the prominent use cases:
Metaverse Experience: Users can freely navigate the 3D VR environment with their own avatars. Each of the 21 floors has a different theme. Many sections, such as exhibition areas, project launch stands, partner offices, and private rooms for content creators, are open to exploration. Interaction is instantaneous; meaning a user can be in the same space with another user at the same time, experiencing one-on-one social experiences.
VR Events: The platform hosts virtual meetings, global launches, panels, and presentations. At the first live VR event, held in 2023, the CEO and CMO met with users in person in a virtual environment. Product launches, AMAs (Ask Me Anything), concerts, and even TEDx-like content can be experienced within the metaverse. Advertising: Bloktopia offers brands an innovative advertising space. Thanks to NFT-based billboards called ADBLOK, companies can directly reach their target audience. Users who own these billboards receive a share of the revenue generated, transforming advertising into a user-based revenue model.
Education: The "Learn" aspect of the project has a strong focus. Content can be offered on a wide range of topics, from basic cryptocurrency concepts to advanced trading strategies. Virtual classrooms, video seminars, interactive workshops, or one-on-one mentoring sessions make the training both accessible and engaging.
NFT Showcases and Art: Users can showcase their NFT artwork on the Bloktopia marketplace. Owners of REBLOK (land NFTs) can build galleries on these plots of land and create custom themed exhibitions. These spaces are open to other users and are also actively used for sales and interaction.
Token Economy
BLOK is a utility token at the center of the Bloktopia universe. It's not just for buying and selling; it also plays a role in many functions, including staking, spending, advertising revenue generation, and governance. Approximately 24.8 billion BLOK tokens are in circulation, out of a total supply of 200 billion. The distribution plan is quite detailed:
33% Treasury (for development and reserves),
25% Staking rewards,
15% Founding team,
7% Advisors,
6.16% Second private sale,
4.15% First private sale,
4% Seed investors,
3.29% Early adopters,
1.4% Public sale,
1% Exchange liquidity.
This model focuses on long-term growth. Maintaining high staking and treasury ratios, in particular, ensures community engagement and sustainable on-platform incentives.
BLOK has two important mechanisms:
Staking:
Users participate in staking pools by locking up any amount of BLOK tokens for a specific period. This contributes to the security of the network and generates passive income. Staking participants also have a say in governance votes held through the DAO.
Burn:
BLOK tokens used during certain transactions (e.g., REBLOK purchases) are removed from circulation. This reduces the supply, aiming to increase the token's value over time. In other words, the system both rewards users and creates a deflationary structure within the token economy.
In addition, a portion of the revenue generated from ADBLOK billboards is distributed to token holders. Thanks to this model, advertising generates revenue not only for the platform but also directly for the user.
Who is the Founder of Bloktopia?
The team behind Bloktopia consists of individuals with significant experience in virtual reality and blockchain technologies. The project is driven by both technical proficiency and a visionary approach. Co-founder Ross Tavakoli has been an active figure in the crypto world since 2015. Known for his background in game development, Tavakoli shaped the technical infrastructure and product vision at Bloktopia. The other co-founder, Paddy Carroll, comes from a marketing background. After holding senior positions at major brands, he joins Bloktopia to lead the community building, brand identity, and partnerships side.
The Bloktopia team is growing stronger over time. Simon Benson has been appointed CTO (Chief Technology Officer). Benson is a VR expert who worked on the Sony PlayStation VR project and has extensive experience with virtual reality hardware. As such, he is one of the individuals who has taken Bloktopia's VR experience to the next level from a technical perspective. Libby Rothwell, CIO (Chief Information Technology Officer), comes from the film and media industry. With his experience in mass communication and content strategies, he contributes to the integration of Bloktopia into the digital arena. This ensures the project is not only technically sound but also secures a solid foundation in terms of content production and user experience.
The team strives to operate the project as transparently as possible. The names, backgrounds, and areas of responsibility of all founding members and executives are openly shared with the public. This provides a significant advantage, particularly in terms of investor trust and community engagement.
Bloktopia is supported not only by its founders and technical team, but also by its strong investor network and collaborations. Leading companies in the industry, such as Animoca Brands and Polygon Labs, are contributing financially and technologically to the project. Furthermore, various blockchain projects, such as Elrond, are also joining the ecosystem by opening virtual offices within the Bloktopia universe.
Frequently Asked Questions (FAQ)
Below, you can find some frequently asked questions and answers about Bloktopia.
What is the difference between Bloktopia and BLOK coin? Bloktopia is the name of the 21-story VR metaverse project; BLOK is the token used in this ecosystem. In a sense, Bloktopia is a virtual universe, while BLOK coin is the currency within this universe. BLOK tokens are spent on land purchases, event participation, and other services within Bloktopia.
What does Bloktopia do in the metaverse? Bloktopia is a metaverse platform where users can learn and play cryptocurrency and participate in virtual events. In this world, designed like a real skyscraper, you can watch educational videos, attend virtual classes, play games, socialize with friends in VR, and even take advantage of revenue opportunities like NFTs and advertising. BLOK token holders also benefit from privileges such as access to exclusive events and land rentals.
How to purchase BLOK tokens? The BLOK token is available on centralized crypto exchanges and some DEXs. For example, it can be traded using the BLOK/USDT pair on major exchanges such as Kraken, ByDFi, and Crypto.com. It is also possible to supply BLOK tokens on local exchanges such as Koineks and Paribu in Turkey, or on global platforms (KuCoin, Gate.io, etc.). To purchase tokens, simply open an exchange account and deposit the desired amount of tokens into the specified crypto portfolio.
Are VR headsets required for Bloktopia? Bloktopia is fundamentally designed to provide a VR experience; however, VR headsets are not mandatory. Because the platform provides a virtual space, it can be accessed via a computer or mobile device. However, VR headsets enhance the metaverse experience by enhancing visuals and interactivity. Anyone can participate in the project with any device, but a VR device is recommended for those who want to experience the 3D sensation in VR.
What is the future of BLOK coin? Many experts emphasize that the future of BLOK depends on the popularity of the Bloktopia metaverse. The project's ability to reach its target audience, update with new features, and maintain community interest will influence the token's value. According to Paribu, developments in the BLOK token's roadmap and active product portfolio are key factors that will shape its future. Of course, the crypto market is volatile; therefore, long-term expectations may vary depending on the overall interest in metaverse projects and their continued competitiveness. As of 2025, the metaverse space appears to be less attractive than it once was.
You can find up-to-date guides, analyses, and user guides related to Bloktopia and metaverse projects in the JR Kripto Guide series.
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